D-Street Looks Set for Modi Rally Tomorrow indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Gautam Duggad of Motilal Oswal expects the market momentum to continue this year as well, with Lok Sabha election outcome and interest rate movement as the key triggers for the near term
Term deposit rates have increased between 70 and 120 basis points, mostly in the third quarter. Analysts say that the margin compression could hence be severe, particularly year on year, as banks have lost most benefits from the rise in interest rates in their bid to garner funds. One basis point is 0.01 percentage point.
Term deposit rates have increased between 70 and 120 basis points, mostly in the third quarter. Analysts say that the margin compression could hence be severe, particularly year on year, as banks have lost most benefits from the rise in interest rates in their bid to garner funds. One basis point is 0.01 percentage point.
See from this particular development you will see some moderation in bond yields and PSU banks are ones which are typically loaded more with the G6 and their SLR ratios are invariably higher in the banking system and they will likely benefit therefore from the moderation in bond yields.